OG-USA is an overlapping-generations (OG) model of the economy of the United States (USA) that allows for dynamic general equilibrium analysis of federal tax policy. The model outputs focus on the change in macroeconomics aggregates (GDP, investment, consumption), wages, interest rates, and the stream of tax revenues changes over time.
The model is currently under development. Users should be forewarned that the model components could change significantly. Therefore, there is NO GUARANTEE OF ACCURACY. THE CODE SHOULD NOT CURRENTLY BE USED FOR PUBLICATIONS, JOURNAL ARTICLES, OR RESEARCH PURPOSES. Essentially, you should assume the calculations are unreliable until we finish the code re-architecture and have checked the results against other existing implementations of the tax code. The package will have released versions, which will be checked against existing code prior to release. Stay tuned for an upcoming release!
To be completed.
OG-USA (Version 0.5.7)[Source code], https://github.com/open-source-economics/OG-USA